In the cryptocurrency world, increases always draw attention. Recently, an altcoin has been bullish. Accordingly, the increase in the cryptocurrency is huge. Let’s take a look at the details of the news.
Huge rise for altcoin
When we look at Kriptokoin.com, Santiment has submitted a report very recently. Accordingly, the cryptocurrency known as FantasyGold (FGC) has increased significantly. As a result, this situation caused a curiosity within the Bitcoin and altcoin community. At the time of writing, altcoin FantasyGold (FGC) has offered a significant return. The price increase in May is truly enormous. In the last 30 days alone, FGC has seen a 6,000 percent increase. On the other hand, the increase continued in the last seven days. The increase has been 10x in the last seven days. Also, the price has increased by 100% in the last day. The numbers are extremely astronomical. Accordingly, the increase comes as a surprise to many. With this increase, FantasyGold has entered the top hundred in the crypto money world. Of course, this situation left everyone astonished.
The trading volume for the altcoin is also very good. There is major activity just below the $8 level as the asset continues to rise. Many investors are eager to capitalize on the upside momentum. For this reason, there is also a situation such as getting caught in the wave or current. The trading volume seems to have reached gigantic levels on May 28. The figure is exactly $62.4 million. Accordingly, the figure is an all-time high. Today, it seems to be on its way to surpassing yesterday’s record. Ultimately, this means a further increase for the cryptocurrency price.
Situation in the social sphere
So how is the situation in the social field? There is a strange situation. Altcoin FantasyGold did not make much noise in the social space. Ascension seems to have been overlooked when it coincided with the weekend break. Although it is on the list of top earners, there is no interest. For this reason, altcoin FantasyGold is not on the agenda. On the other hand, low social volume may be viewed positively by those who hope the FantasyGold price increase will last long. However, there is no such indication.
Let’s also say that while we examine the weighted sentiment surrounding FantasyGold, there are currently no widespread signs of FOMO (Fear Of Missing Out). On the contrary, social sentiment has been more negative at any point since late March. This makes things even weirder. It is not yet clear how this situation will develop, so it is clear that the altcoin FantasyGold pump needs to be watched closely. At such a point, a local hill will inevitably form. Ultimately, it will challenge the determination of altcoin holders. For now, let’s see where FantasyGold goes.
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